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TRC Companies Inc. acquires MagikMinds, expanding Digital capabilities

WINDSOR, Conn., Oct. 11, 2022 — (PRNewswire) —

Today TRC Companies, Inc. ("TRC") announced the expansion of its technology solutions with the acquisition of MagikMinds. Founded in 2010, MagikMinds provides expert geospatial information systems ("GIS") consulting and implementation services to the utilities and telecom industries, with a presence in the U.S., Canada, Australia and a delivery Center of Excellence in India. MagikMinds also boasts a product portfolio that further enables the digitalization of field data.

WINDSOR, Conn., Oct. 11, 2022 /PRNewswire-PRWeb/ -- Today TRC Companies, Inc. (" TRC") announced the expansion of its technology solutions with the acquisition of MagikMinds. Founded in 2010, MagikMinds provides expert geospatial information systems ("GIS") consulting and implementation services to the utilities and telecom industries, with a presence in the U.S., Canada, Australia and a delivery Center of Excellence in India. MagikMinds also boasts a product portfolio that further enables the digitalization of field data.

"MagikMinds aligns to our strong roots in innovation and digitization and is a key investment in our evolution as a leading provider of technology-enabled solutions for our clients," said Christopher Vincze, Chairman and CEO of TRC. "The acquisition of MagikMinds further supports the pillar of our strategy focused on broadening our footprint as a technology company."

MagikMinds' expertise in enterprise GIS, combined with TRC's existing capabilities, further positions TRC as a leading provider of end-to-end information and operational technology ("IT/OT") solutions to utility and telecommunications industries. The acquisition enhances TRC's global reach, deepening relationships within North America and broadening TRC's presence into the Asia-Pacific region.

"We are thrilled to welcome MagikMinds to the TRC Family," says Craig Cavanaugh, President of Digital Solutions at TRC. "Not only do they bring a strong values-based culture similar to our own, but with their focus on innovation, MagikMinds bolsters our Digital capabilities, including enterprise GIS implementations and upgrades, custom solutions, managed services, and systems integration."

"Joining TRC aligns us with an organization that puts its clients first," said Dave Harris, CEO of MagikMinds. "With an expanded suite of solutions and expertise to support our customers' digital transformation efforts, we are now a one-stop shop for companies seeking industry experts to deliver GIS, ADMS, AMI, Field automation and advanced analytics solutions."

About TRC Companies

Groundbreaker. Game changer. Innovator. TRC is a global firm providing environmentally focused and digitally powered solutions that address local needs. For more than 50 years, we have set the bar for clients who require consulting, construction, engineering, and management services, combining science with the latest technology to devise solutions that stand the test of time. TRC's more than 6,000 professionals serve a broad range of public and private clients, steering complex projects from conception to completion to help solve the toughest challenges. We break through barriers for our clients and help them follow through for sustainable results. TRC is ranked #17 on ENR's list of the Top 500 Design Firms in the United States. Learn more at TRCcompanies.com and follow us on Twitter, LinkedIn and Facebook.

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